Key Points
• BluGlass launches new, Laser Diode business unit
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The GaN Laser Diode market addressable market is more than US$658M by 2025
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BluGlass has an initial target market share of 6-10% (US$40-65M) by 2025
• New business unit will leverage BluGlass’ unique RPCVD Tunnel Junction Technology
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enables higher brightness and higher efficiency GaN Laser Diodes
• BluGlass has installed RPCVD capacity onsite in Silverwater to gain significant Laser Diode (high value and high margin product) revenues and build a profitable business unit
Australian semiconductor developer BluGlass Limited (ASX: BLG) has today announced the launch of a new direct-to-market business unit to leverage the Company’s unique RPCVD technology advantages in the high value, high margin GaN Laser Diode Market.
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